business news

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25 Sep 2019
--- Plant-based sweeteners and natural extracts provider Layn Corp has announced the restructuring of its business into four segments, including Plantæ, its new functional botanicals division. The new structure also... Read More
24 Sep 2019
--- Climate change disaster concerns have ensnared the global population as leaders and major industry players align in New York, US, for the UN Climate Action Summit 2019. The nutrition sector has a significant role in averting... Read More
23 Sep 2019
--- French marine lipid expert Polaris has gained European authorization for its new, “super-concentrated, ultra-purified” algal omega 3 oil. It combines ultra-high concentration with properties increasingly demanded... Read More
20 Sep 2019
--- In nutrition news this week, Kaneka is launching what is touted as an innovative probiotics line with marketing support from BrandHive. Meanwhile, plant-based frozen foods brand Strong Roots raised over US$18 million in... Read More
16 Sep 2019
--- China Mengniu Dairy has entered into an agreement to acquire organic infant formula producer Bellamy’s Australia for US$1 billion. The proposed acquisition will enable China Mengniu – China’s second-largest... Read More
09 Sep 2019
--- Despite the growing popularity of products containing cannabidiol (CBD), there is still a gap in scientific knowledge on CBD’s real benefits and interaction with other substances. However, this has not put off a large... Read More
05 Sep 2019
--- Dating back millennia, traditional Chinese medicine (TCM) is now the subject of contemporary study for its potential applications in chronic pain management, disease prevention and mental health treatment. Deeply rooted in... Read More
26 Aug 2019
--- Nutritional foods and snacking products player The Simply Good Foods Company (Simply Good Foods) is to acquire Quest Nutrition (Quest), a healthy lifestyle food company in a US$1 billion move. Simply Good Foods’ Atkins... Read More
22 Aug 2019
--- Dairy supplier Maxum Foods will manufacture and distribute OptiBiotix Health Plc’s weight management technology, SlimBiome, in Australia and New Zealand. UK-based OptiBiotix is a life science business that focuses on... Read More
21 Aug 2019
--- US-based Elanco Animal Health is to acquire Bayer’s Animal Health business in a US$7.6 billion deal. According to Elanco, the move elevates it as a global animal health company, enhances its portfolio of leading global... Read More
20 Jun 2019
--- Almost all Thai consumers (99 percent) are interested in improving their diets and a majority (82 percent) are happy for products to be reformulated, provided that taste is not compromised. This is according to a new report... Read More
23 May 2019
--- Solabia Group has acquired Algatech Ltd., a global innovator in the development, cultivation and commercialization of ingredients delivered from microalgae. Solabia, a family-owned company working closely with its minority... Read More
16 May 2019
--- Nestlé has entered into exclusive negotiations with a consortium led by EQT and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for the sale of Nestlé Skin Health for a value of CHF 10.2... Read More
13 May 2019
--- Functional foods innovators must look beyond the complexities of achieving health claims by communicating directly to early adopters. Furthermore, platforms such as personalized nutrition will accelerate and solutions to... Read More
03 Apr 2019
--- Chr. Hansen’s establishment of a 50/50 joint venture together with Lonza in the live biotherapeutic products (LBPs) industry is the next phase in the evolution of how healthy bacteria are perceived. Announced... Read More
08 Mar 2019
--- European venture capital firm Seventure Partners has completed the first closing of its second dedicated fund focused on the microbiome and health, nutrition and digital/connected health sectors with a target for the final... Read More
18 Jan 2019
--- Danish-headquartered bioscience company Chr. Hansen has reported solid organic revenue growth of 10 percent in the first three months of the financial year 2018/19. It corresponds to 6 percent reported growth due to adverse... Read More
19 Dec 2018
--- Pharma heavyweights GlaxoSmithKline plc (GSK) and Pfizer Inc. have reached an agreement to combine the two companies’ consumer health businesses into a “new world-leading” Joint Venture, with combined sales... Read More
01 Nov 2018
--- PepsiCo has acquired Health Warrior, a US-based nutrition company that makes plant-based products including bars. The transaction will further expand the company's nutrition portfolio and marks the first investment led... Read More
01 Nov 2018
--- The role of start-ups in shaping the future of the food and beverage industry is pronounced. Their role as thought leaders has driven multinational companies and legacy brands to invest in them – and learn from them:... Read More
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